Ambienta Acquires Plant-based Group The Bridge

The Bridge Bio Oat Barista. Credit: The Bridge/ LinkedIn.

Ambienta, a sustainability-focused plus manager, has taken a mostly liking successful Italian plant-based dairy group The Bridge from its founders, nan Negro Marcigaglia family.

Financial position were not disclosed.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to scope engaged professionals crossed 36 starring media platforms.

Find retired much

As portion of nan deal, nan Negro Marcigaglia family reinvest alongside The Bridge’s caller proprietor and will besides proceed playing “a cardinal domiciled successful nan maturation of nan business”, a connection from Ambienta read.

Founded successful 1994, The Bridge makes plant-based drinks, yoghurts and desserts, among different products. The institution is based successful San Pietro Mussolino, adjacent Vicenza, and manufactures its equipment in-house.

According to nan company’s website, each The Bridge products are “100 % vegan, cholesterol- and lactose-free”.

The marque sells some nether its ain sanction and done private-label partnerships, pinch astir 80% of its gross coming from extracurricular Italy, nan connection said.

Paolo Negro Marcigaglia, shareholder of The Bridge, said: “Over nan years, we person built a institution rooted successful quality, invention and respect for nan environment, successful Ambienta we recovered a like-minded partner to support and accelerate our description , fortify our organisation and proceed investing successful invention to seizure nan important opportunities up successful nan plant-based sector.”

Ambienta has been assessing opportunities successful plant-based foods since 2017, according to nan statement. The group has besides invested successful flavours processing Nactarome since 2018.

The latest woody is nan 2nd finance for Ambienta nether its Small Cap Fund. Its first finance was successful h2o curen and recycling solutions patient P.I.Eco.

Ambienta added The Bridge is good positioned” to grow further successful Italy and worldwide, “both organically and done selected acquisitions”. It said it will support nan company’s extremity of becoming “one of nan starring players successful nan sector.”

Ambienta partner Francesco Lodrini said: “We are proud to denote our finance successful The Bridge. Food accumulation is 1 of nan astir captious areas successful nan modulation to a much sustainable economy, and plant-based alternatives play a cardinal domiciled successful reducing nan biology footprint of nan agrifood worth chain.

“This 2nd finance for Ambienta Small Cap successful conscionable a fewer weeks, embodies what this strategy stands for: deploying our capabilities and web to support companies besides connected nan smaller extremity of our finance scope to prehend maturation opportunities successful markets driven by biology trends”.